iRobot Acquires Evolution Robotics, Makers Of The Mint Robot Vacuum, For $74 Million

0

Home (and military) robot maker iRobot has just acquired Evolution Robotics, the makers of the Mint floor-cleaning robot with an R&D shop focused on navigational tools. The Mint cleaner will join iRobot’s Roomba line.

In a press release that touts the move as an expansion of iRobot’s “position as global robotic floor care market-leader,” the company announced that it paid cash for Evolution out of its own reserves.

ER was founded in 2001 and launched the Mint floor cleaner in 2010. Because Mint is designed for hardwood floors, the essentially non-competing products will target different markets. The Roombas, in other words, will take the rugs while the Mints will take the parquet.

0

Crunchbase

OverviewEvolution Robotics, Inc. develops robotics solutions, and partners with original equipment manufacturers to integrate those technologies into new and more intelligent products. Whether used within autonomous robots for commercial or consumer use, or electronic devices with increased, intelligent functionality, Evolution Robotics provides the technologies and services to bring those products to life, …

OverviewiRobot designs and builds robots that empower people to do more. The company's home robots help people find smarter ways to clean and accomplish more in their daily lives. iRobot's portfolio of solutions features proprietary technologies for the connected home and advanced concepts in navigation, mobility, manipulation and artificial intelligence.
iRobot was founded in 1990 by Massachusetts Institute …

OverviewMint is an extensible, self-hosted web site analytics program. Its interface is an exercise in simplicity. Visits, referrers, popular pages and searches can all be taken in at a glance on Mint's flexible dashboard.